Novartis Ag (NVS) Retained Earnings (2009 - 2025)

Novartis Ag (NVS) posted Retained Earnings of $45.4 billion for Q4 2025, up 10.09% sequentially from $41.3 billion in Q2 2025, and up 4.87% YoY from $43.3 billion in Q4 2024.

Novartis Ag (NVS) Retained Earnings (2009 - 2025) Analysis & Trends

Novartis Ag (NVS) has 11 years of Retained Earnings data on file, last reported at $45.4 billion in Q4 2025.

  • Quarterly Retained Earnings rose 4.87% year-over-year to $45.4 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $45.4 billion (up 4.87% YoY) and the FY2025 annual result came in at $45.4 billion, up 4.87% from the prior year.
  • Retained Earnings grew to $45.4 billion in Q4 2025 per NVS's latest filing, from $41.3 billion in the prior quarter.
  • The five-year high for Retained Earnings was $66.8 billion in Q4 2021, with the low at $41.0 billion in Q2 2024.
  • Average Retained Earnings over 5 years is $50.9 billion, with a median of $48.5 billion recorded in 2023.
  • Year-over-year, Retained Earnings gained 19.85% in 2021 and dropped 21.63% in 2023.
  • Novartis Ag's Retained Earnings stood at $66.8 billion in 2021, then retreated by 12.36% to $58.5 billion in 2022, then retreated by 21.63% to $45.9 billion in 2023, then retreated by 5.62% to $43.3 billion in 2024, then gained by 4.87% to $45.4 billion in 2025.
  • Business Quant data shows NVS's Retained Earnings at $45.4 billion in Q4 2025, $41.3 billion in Q2 2025, and $43.3 billion in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Eli Lilly 1,066.16 Bn 1,060.88 Bn 16.22 Bn 29.51 Bn
2 Johnson & Johnson 611.69 Bn 589.64 Bn 15.96 Bn -14.83 Bn
3 AbbVie 444.34 Bn 434.99 Bn 10.78 Bn -17.87 Bn
4 Astrazeneca 284.94 Bn 277.05 Bn 12.61 Bn 9.67 Bn
5 Merck 224.23 Bn 218.58 Bn 12.09 Bn 66.72 Bn
6 Amgen 195.12 Bn 183.08 Bn 5.87 Bn -190.00 Mn
7 Gilead Sciences 156.45 Bn 148.73 Bn 5.52 Bn 78.00 Mn
8 Pfizer 136.01 Bn 123.24 Bn -1.21 Bn -7.20 Bn
9 Novartis Ag 113.45 Bn 113.67 Bn - -
10 Biogen 30.87 Bn 26.59 Bn 1.82 Bn -140.20 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 45.41 Bn
Jun 30, 2025 41.25 Bn
Dec 31, 2024 43.31 Bn
Jun 30, 2024 40.97 Bn
Dec 31, 2023 45.88 Bn
Jun 30, 2023 51.06 Bn
Dec 31, 2022 58.54 Bn
Jun 30, 2022 62.10 Bn
Dec 31, 2021 66.80 Bn
Jun 30, 2021 53.19 Bn
Dec 31, 2020 55.74 Bn
Jun 30, 2020 52.94 Bn
Dec 31, 2019 54.62 Bn
Jun 30, 2019 50.56 Bn
Dec 31, 2018 77.74 Bn
Jun 30, 2018 75.93 Bn
Dec 31, 2017 73.30 Bn
Dec 31, 2016 73.94 Bn
Dec 31, 2015 76.16 Bn
Dec 31, 2014 69.87 Bn